Global POC immunoassay testing market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over the 2018 to 2024.

Market Outline: POC Immunoassay Testing Market

POC immunoassay testing is an innovative testing method, enables deliver the results in short duration of time. The collection of the report provides insight into the point-of-care patient need after the test results. This helps in ruling the critical conditions by initiating proper treatment required to the patient, resulting in improving the odds for the patient’s recovery.

Market Dynamics: POC Immunoassay Testing Market

The global POC immunoassay testing market is witnessing a rapid growth owing to advanced technology. The burgeoning the prevalence of infectious diseases, increased awareness among the patients regarding the POC immunoassay test kits are expected to witness the growth of POC immunoassay testing market. The promotional activities in order to increase awareness among the patient population regarding the modern testing techniques is expected to fuel growth of the market. The growing preference for home healthcare, increasing government support in the adoption of the POC immunoassay testing is witnessing to enhance the revenue share of the market. However, the high cost associated with testing procedure is expected to hamper the growth of the POC immunoassay testing market.

Market Scope: POC Immunoassay Testing Market

POC immunoassay testing market is segmented based on the technology, product, platform, and end user.

Based on the technology, the market is segmented into the following:

ELISA

Others

Based on the product, the market is segmented into the following:

Cardiometabolic monitoring kits

Electrolytes Testing Kits

Cardiac Markers Kits

HbA1c Testing Kits

Others

Infectious disease testing kits

HIV testing kits

Hepatitis testing kits

Respiratory infections testing kits

Sexually-transmitted diseases (STDs) testing kits

Influenza testing kits

Others

Pregnancy and fertility testing kits

Fertility Testing Kits

Pregnancy testing kits

Glucose monitoring kits

Hematology testing kits

Fecal Occult Testing Kits

Cholesterol Test Strips

Drugs of Abuse Testing Kits

Urinalysis Testing Kits

Others

Based on the platform, the market is segmented into the following:

Molecular Diagnostics

Immunoassays

Lateral Flow Assays

Dipsticks

Microfluidics

Based on the end user, the market is segmented into the following:

Hospitals/Diagnostic centers

Home Care

Research Laboratories

Others

Regional Analysis: POC Immunoassay Testing Market

Geographically, global POC immunoassay testing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America POC immunoassay testing market is expanding at an unprecedented growth rate owing to its deep-rooted healthcare infrastructure. The growing awareness among the patient population regarding the modern improved testing techniques is expected to drive the growth of POC immunoassay testing market. The increasing healthcare expenditure, surge in awareness is expected to boost the growth of the market. The adoption of the new testing methods by the patient population is expected to offer enormous growth opportunities for the market players. The Asia Pacific POC immunoassay testing market is expected to show the growth in the forecasted period owing to its increasing patient pool coupled with improving technology.

Competition Assessment: POC Immunoassay Testing Market

Some of the players in the global POC immunoassay testing market include:

Abbott Laboratories (U.S.)

Siemens (Germany)

Roche (Switzerland)

Hoffmann-La Roche Ltd (Switzerland)

Thermo Fisher Scientific Inc. (U.S.)

BD & Company (U.S.)

bioMérieux SA (France)

Notable Market Developments: POC Immunoassay Testing Market

In November 2016, Abbott announced that i-STAT Alinity System, an innovative, handheld blood testing platform, received CE Mark and is now for sale in Europe and other countries that recognize CE Mark

Key Features of the Report:

The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)

The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies

The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

The report tracks recent innovations, key developments and startup’s details that are actively working in the market

The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario

The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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